Done by: Sujay Shetty Rollno:34

8/14/2019 Done by: Sujay Shetty Rollno:34

1/17

DONE BY: Sujay Shetty

ROLLNO:34


2/17


3/17

Today, the company sets global engineering benchmarks in terms of

scale and complexity. It is one of the largest and most respected companies in India's

private sector.

Larsen & Toubro (L&T) and European aerospace and defence

group EADS have formed a JV for joint exploration of business

opportunities in defence and aerospace


4/17

L&T is implementing a strategic plan (LAKSHYA) for 2005-10. To Compete and grow in globalised environment

The plan has been drawn up in consultation with a leading international

strategy consultant

drawn up in consultation with a leading international strategy consultant.

Plans to spend $5 billion on starting a power generation

business to tap electricity demand inthe world's second-

fastest growing major economy


5/17

Heavy Engineering

Construction

Electrical&Electronics

Information Technology

Machinery & Industrial Products


6/17


7/17

At L&T , Health, Safety & Environment (HSE) is given the highestpriority.

Systems and procedures have been established for implementing the

requisites at all stages of construction.

The Quality Management Systems of HSE Department is accredited

to ISO 9001-2000 standards

HSE awareness among employees is created and sustained through

regular training programmes

Systems are rigorously implemented to ensure high standards of

Health, Safety & Environment at our jobsites.


8/17

GENERAL - TOP MANAGEMENT - Larsen & Toubro Ltd As on 03/12/2008

COMPANY/GENERAL/TOP MANAGEMENT/348/Larsen & Toubro

200803

Name Designation Remuneration -Unit Curr

A M Naik Chairman & Managing Director 83917000

J P Nayak President & Whole-time Dir. 43090000

Y M Deosthalee Whole Time Director & CFO 48304000

K Venkataramanan President & Whole-time Dir. 47871000

R N Mukhija President & Whole-time Dir. 47365000

V K Magapu Whole Time Director & SeniorVP 35446000

K V Rangaswami President & Whole-time Dir. 35410000

S Rajgopal Director 530000

S N Talwar Director 830000

M M Chitale Director 860000N Hariharan Company Secretary 0

M V Kotwal Whole Time Director & SeniorVP 38827000

Thomas Mathew T Nominee (LIC) 780000

N Mohan Raj Nominee (LIC) 730000

Subodh Bhargava Director 460000


9/17

SGCCI Golden Jubilee Memorial Trust Award for outstanding

performance in Export of Engineering Goods for 2004-05.

SGCCI Golden Jubilee Memorial Trust Award for outstanding

performance in Export of Engineering Goods for 2004-05.

Greentech Safety Awards (2005) by the New Delhi-based non-profit

organisation, Greentech Foundation, for the effort in industrial safety and

environmental management.

Ethics is Good Business award from the New Delhi based PHD Chamber

of Commerce & Industry (PHDCCI).


10/17

Set up switchgear manufacturing facility for power and

motor control systems at Saudi Arabia

Built Design & Engineering Centres for hydrocarbon and

infrastructure sectors, in the U.A.E.

Established manufacturing facility for high-end switchgear

in Wuxi New District in the Jiangsu Province of China,

with sourcing offices in Shanghai & Beijing


11/17

Exported high-tech heavy engineering equipment to clients

in over 30 countries including USA, Canada, UK, France,Australia & China

Set up manufacturing facility for valves in Jiangsu and

another for rubber processing machinery in Quingdao inChina

Acquired Tamco Corporate Holdings, a Malaysian company

engaged in medium voltage switchgear with manufacturingfacilities and market reach in Malaysia ,Indonesia and China


12/17

Provides IT-enabled engineering services to important and

demanding clients like Aramco, Qatar Petroleum, etc.

Formed JVs in Kuwait, Oman, and Saudi Arabia for electro-

mechanical construction in Oil & Gas, Power & Infrastructure

sectors

Forged Joint ventures with MHI for manufacture of Super Critical

Boilers, Turbines & Generators


13/17

RATIOS - KEY FINANCIAL RATIOS - Larsen & Toubro Ltd As on 03/12/2008

COMPANY/RATIOS/KEY FINANCIAL RATIOS/348/Larsen & Toubro

200803 200703 200603 200503 200403 200303 200203 200103 200003

Key Ratios

Debt-Equity Ratio 0.37 0.34 0.42 0.52 0.72 0.97 1.06 1.06 0.98

Long Term Debt-Equity Ratio 0.27 0.25 0.31 0.35 0.51 0.74 0.8 0.77 0.72

Current Ratio 1.14 1.23 1.35 1.35 1.2 1.14 1.29 1.42 1.38

Turnover RatiosFixed Assets 7.17 7.01 6.9 6.54 2.41 1.61 1.32 1.3 1.34

Inventory 6.9 6.88 6.71 6.56 5.94 4.92 3.3 3.45 3.61

Debtors 3.92 3.48 3.39 3.64 3.11 4.43 5.8 5.9 6.55

Interest Cover Ratio 19.17 15.56 7.85 8.4 7.1 2.98 2 1.58 1.89

PBIDTM (%) 13.98 12.83 9.74 8.25 9.84 10.65 13.81 13.98 14.87

PBITM (%) 13.2 11.94 9.02 7.6 9.04 7.72 9.83 9.98 10.92

PBDTM (%) 13.29 12.06 8.59 7.35 8.57 8.05 8.88 7.68 9.09

CPM (%) 9.4 8.71 6.35 5.82 6.19 7.28 8.23 7.42 8.55

APATM (%) 8.62 7.82 5.64 5.16 5.39 4.36 4.25 3.42 4.6

ROCE (%) 31.82 30.92 24.16 22.12 16.77 11.5 10.78 9.8 10.98

RONW (%) 28.47 27.11 21.27 22.7 16.99 12.67 9.54 6.88 9.13

FINANCE -PROFIT AND LOSS - Larsen & Toubro Ltd (Curr: Rs in Cr.) As on 05/12/2008


14/17

FINANCE PROFIT AND LOSS Larsen & Toubro Ltd (Curr: Rs in Cr.) As on 05/12/2008

COMPANY-LISTED/FINANCE/PROFIT AND LOSS/348/Larsen & Toubro

200803 (12) 200703 (12) 200603 (12) 200503 (12)

INCOME :

Sales Turnover 25210.63 17938.29 14994.79 13361.5

Excise Duty 334.38 338.08 253.86 214.56

Net Sales 24876.25 17600.21 14740.93 13146.94

Other Income 651.95 484.51 559.82 625.88

Stock Adjustments 746.17 121.76 -113.24 86.84

Total Income 26274.37 18206.48 15187.51 13859.66

EXPENDITURE :

Raw Materials 13009.5 8434.51 7026.24 6374.76

Power & Fuel Cost 365.25 308.13 234.75 201.63

Employee Cost 1506.78 1238.4 882.41 742.34

Other Manufacturing Expenses 5989.94 4536.41 4150.38 3941.47

Selling and Administration Expenses 1533.68 1174.56 947.43 873.41

Miscellaneous Expenses 356.84 215.97 286.05 234.89

Less: Pre-operative Expenses Capitalised 11.42 3.3 1.89 3.15

Total Expenditure 22750.57 15904.68 13525.37 12365.35

Operating Profit 3523.8 2301.8 1662.14 1494.31

Interest 173.62 137.66 172.37 120.82

Gross Profit 3350.18 2164.14 1489.77 1373.49

Depreciation 195.94 160.13 107.12 87.52

Profit Before Tax 3154.24 2004.01 1382.65 1285.97

Tax 891.56 611.44 364.19 321

Fringe Benefit tax 69.31 15.18 21.67 0

Deferred Tax 19.95 -25.63 -15.35 -18.88

Reported Net Profit 2173.42 1403.02 1012.14 983.85

Extraordinary Items 115.29 16.03 166.61 293.83

Adjusted Net Profit 2058.13 1386.99 845.53 690.02

Adjst. below Net Profit -0.11 -3.28 -0.54 0

P & L Balance brought forward 78.24 55.7 55.62 51.39

Statutory Appropriations 0 0 0 0

Appropriations 2147.24 1377.2 1011.52 979.62

P & L Balance carried down 104.31 78.24 55.7 55.62

Dividend 495.32 368.25 302.25 357.21

Preference Dividend 0 0 0 0

Equity Dividend % 850 650 1100 1375

Earnings Per Share-Unit Curr 71.73 47.65 70.58 71.94Earnings Per Share(Adj)-Unit Curr 35.87 23.83 17.65 17.99

Book Value-Unit Curr 325.95 202.67 335.57 256.98


15/17

Balance sheet (Rs crore)


16/17

Balance sheet (Rs crore)

Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Sources of funds

Owner's fund

Equity share capital 58.47 56.65 27.48 25.98

Share application money - - - -

Preference share capital - - - -

Reserves & surplus 9,470.71 5,683.85 4,583.32 3,312.25

Loan funds

Secured loans 308.53 245.4 465.79 793.72

Unsecured loans 3,275.46 1,832.35 987.78 1,065.34

Total 13,113.17 7,818.25 6,064.37 5,197.29

Uses of funds

Fixed assets

Gross block 4,188.91 2,876.30 2,300.68 2,106.55

Less : revaluation reserve 25.9 27.93 29.37 30.9

Less : accumulated depreciation 1,242.47 1,122.83 982.22 1,089.54

et block 2,920.54 1,725.54 1,289.09 986.11

Capital work-in-progress 699 471.22 286.06 65.82

Investments 6,922.26 3,104.44 1,919.52 960.7et current assets

Current assets, loans & advances 16,496.48 12,049.35 9,669.13 8,962.64

Less : current liabilities &provisions

13,928.17 9,542.14 7,121.41 5,817.87

Total net current assets 2,568.31 2,507.21 2,547.72 3,144.77

Miscellaneous expenses not written 3.06 9.84 21.98 39.89

Total 13,113.17 7,818.25 6,064.37 5,197.29


17/17

Done by: Sujay Shetty Rollno:34

Documents

Transcript of Done by: Sujay Shetty Rollno:34